https://www.taxtmi.com/notifications?id=134917 Notification designates registered persons (excluding certain integrated tax persons) with aggregate turnover up to five crore rupees who opt to furnish quarterly returns and pay tax monthly. Eligibility requires the preceding month's return to have been filed; the option, once exercised, continues unless revised. Crossing the five crore turnover threshold during a quarter removes eligibility for quarterly filing from the first month of the next quarter. Deemed options based on October 2020 GSTR-1 filings assign quarterly or monthly filing defaults, and taxpayers could change the default electronically between 5 December 2020 and 31 January 2021. en-us Tue, 29 Dec 2020 00:00:00 +0530 Wed, 30 Dec 2020 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=134917 Notification designates registered persons (excluding certain integrated tax persons) with aggregate turnover up to five crore rupees who opt to furnish quarterly returns and pay tax monthly. Eligibility requires the preceding month's return to have been filed; the option, once exercised, continues unless revised. Crossing the five crore turnover threshold during a quarter removes eligibility for quarterly filing from the first month of the next quarter. Deemed options based on October 2020 GSTR-1 filings assign quarterly or monthly filing defaults, and taxpayers could change the default electronically between 5 December 2020 and 31 January 2021. Notifications GST - States Tue, 29 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=134917